Rock Island daily Argus. (Rock Island, Ill.) 1886-1893, 1887-10-31
SAILING SALT WATER.
AFTER YEARS EXPERIENCE IN HAND
LING THE FRESH KIND,

The Boss of Wall Street Concludes to See
How the Salt VIII Handle Him-Jay
Gould Starts on His Trip to Europe
The sorrowing Reporter Bids Him a
fearful Farewell.
NEW YORK, Oct 51.-The steamship Um-
bria sailed for Liverpool at $3.50 o'clock Sat
urday afternoon with Jay Gould and mem
bers of his family, including Mrs Gould,
Miss Helen and Miss Anna Gould, Masters
Howard and Frank Gould, and Mrs. Noyes,
Mrs Gould's sister Despite the rumors of
arrest, which have been so freely circulated,
no obstacle was placed in Mr.. Gould's way,
and when the steamship left the pier he was
standing near the forward foot-railing sur
rounded by his family, waving adieus to his
friends on the pier.
During the day Mr.. Gould was busy ar
ranging his affairs At the Western Union
office he was besieged by reporters, anxious
to learn something of his intentions, and also
to obtain a definite statement with regard to
whether he would sail Saturday or not To
all he gave evasive replies. Shortly after
noon he left his office in company with his
son George They went directly to the Fifth
Avenue hotel, where lunch was served Here
George parted with his father, and Gould
senior was all ready for his voyage.
A few moments later three carriages rolled
up to the private entrance to the hotel, and
in these the members of the party were driven
directly to the wharf of the Cunard COM
pany, where they arrived about o'clock.
Of taIyy
to their rooms, situated a little aft amidships
on the spar deck, facing the companion
way leading to the main deck At the saloon
companionway the party was met by Capt.
Shackford, of the Atalanta, Mr. Gould, $
yacht, who, at the request of Mr.. Gould, ac-
companied the party.
On reaching the state-rooms wraps were
thrown aside. and the financier and capital
ist was soon ready to see his friends, who
came by the score to wish him God speed.
Among the first to arrive were George
Gould and his wife, Manager F. X. Hahn
and Superintendent Galloway tof the Man
haitian Elevated. Russell Sage, ]. Pierrepont
Morgan, John F. Cole and Mr.. Miller, a
brother of Mrs Gould
Reporters lined the narrow walks between
the deck and state rooms Seeing them, Mr.
Gould walked over to the group and shook
hands with each one very cordially. After
the Misunderstanding had been gone through
with, Mr. Gould, with happy smile, asked
the gentlemen of the press what he could dc
for them. "What do you want me TO say ?
he continued. "Don't talk business, though,
for am thinking of nothing but pleasure
that is what am bent upon at present, and
20 h., g.,
months" Then, without awaiting reply
he stated his plans as follows: 1--WE will meet
the ATLANTA at MarseiIles, and from there
we will continue our voyage, touching at all
the prominent ports in the Mediterranean.
am sorry" he added that | did not sail in tbs
Atalanta- Incoming steamers speak of the
delightful passage from European ports, AND
the yacht would have encountered Just such
weather Still We have excellent quarters OF
the Um5ria here
My business affairs while absent will be
looked after by my son George, who is thor
oughly capable, and l rely upon him, aided
by the advice of my friends | wish you
would deny the statement that my physician
goes with me. | am not sick, and need only
rest. / expect to be at home in the early
spring"
Mr.. Gould then shook hands with the re
porters again and rejoined his friends.
George sent the only flowers the family re
ceived-two beautiful baskets and thret
packages of fruit
Counsellor Delaney has sent letter tt
District Attorney MARITIME protesting against
allowing Jay Gould to sail, and holding bin
responsible for his failure to arrest Mr.
Gould on the criminal charge in connection
with the Kansas Pacific securities MIR
MARITIME, however, decided that there wa,
some grave doubts about the success of the
prosecution of Mr. Gould, and refused to act
In an interview with a World reporter Fri
day night, Mr. Gould said there was al
arrangement between the Western Union
and the Postal companies for p cent rate
| between the exchanges in different cities, as
| for instance, between the produce exchang,
| here and the hoard of trade in Chicago Ont
side OF this exchange business the opposition
| company will charge ) cents less than tn.
Western Union to important points Tht
Western Union rate to Chicago will be Al
| cents and the other SIS cents This is re
| duction of 10 cents for the Western Union
| 1t does not go as low as its competitor he
-
| profitably at the lower rate
There will he no advance in rates except
| possibly TO some distant points and on til,
other hand there will he some very materia
| reductions MIR. Gould did not think the agi
| tation for government control of the tele
| graphs was serious one He thought the
more the matter was looked into the less the
government would desire such change The
system OF mutual arrangements between the
telegraph company and the railroads fol
| maintenance of wires and offices, which wert
very economical on both sides, could not con
tinue if the government owned the telegraphs
and consequently the telegraph bushes.
would be operated at an enormous yearly
deficit. The government telegraph system
Of England was run at loss. There is very
little water in the Western Union stock,
now. The so-called water is counter bal,
anced by the investment of earnings in new
lines and valuable equipment Regarding
cable rates MIR. Gould said nobody was max.
ing any money at the current figures Il
was difficult to harmonic all the conflic +
ing interests but he presumed some agreement
as to cable rates would ultimately be ar
rived at, as it was not fair to suppose that
buo tOIpdIits "lsLeu 10 10 DuSIDeSs lHQ6Il
nitely at a loss
Mr.. Gould did not think the alarm about
excessive railroad building and over-specula
ton in western real estate well founded The
country would soon catch up with any TEN
porary excess of railroad building, and tht
land speculation had been carried on mostly
on local credit Any collapse would be of limit
ed effect He himself had bought no western
real estate except u little in St Louis, where
there had been safe and gradual rise. The
Missouri Pacific had no present intention OF
becoming transcontinental line. The low
price Of Missouri Pacific stock was, of course,
due to the Atchison and the St Louis d San
Francisco companies paralleling some of its
lines. The recent attack upon it, however,
was unjustitied 1t had no floating debt, had
money in the treasury to pay all interest
charges, and had built new lines only where
there was a paying business in sight. Mr.
Gould regarded the business prospects Of the
country as wholly satisfactory.
A Collapsed Printers Strike.
NEW York, Oct. 3i.-The printers strike
has utterly collapsed and nearly 300 of the
strikers now looking for situations
Nearly $40 900 q as spent by the union in sus
tanning the strike,